Commonwealth Coat of Arms of Australia

 

Superannuation Amendment (PSS Trust Deed) Instrument 2024

I, Katy Gallagher, Minister for Finance, make the following instrument.

Dated 27 February 2024

Katy Gallagher

Minister for Finance

 

 

 

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Public Sector Superannuation Scheme Trust Deed

1  Name

  This instrument is the Superannuation Amendment (PSS Trust Deed) Instrument 2024.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The latest of the following:

(a) the day after this instrument is registered;

(b) the day after the Family Law (Superannuation) (Methods and Factors for Valuing Particular Superannuation Interests) Amendment (PSS Scheme—Preserved Benefit Members) Approval 2024 is registered;

(c) the day after the Family Law (Superannuation) (Provision of Information — Public Sector Superannuation Scheme) Amendment Determination 2024 is registered.

However, the provisions do not commence at all unless both of the events mentioned in paragraphs (b) and (c) occur.

13 March 2024

(paragraphs (b) and (c) apply)

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under section 5 of the Superannuation Act 1990.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

 

Public Sector Superannuation Scheme Trust Deed

1  Rule 8.3.1

Omit “Rule 8.2.1”, substitute “Rule 8.1.1”.

2  Rule 9.2.7 (definition of Preserved Amount)

Omit “Rule 8.2.1”, substitute “Rule 8.2.1A or 8.2.1B”.

3  Heading before Rule 16.8.2

Omit “paragraph 8.2.1(A)”, substitute “Rule 8.2.1A or paragraph 8.2.1B(a)”.

4  Rule 16.8.2

Omit “paragraph 8.2.1(A)”, substitute “Rule 8.2.1A or paragraph 8.2.1B(a)”.

5  Heading before Rule 16.8.3

Omit “paragraph 8.2.1(A)”, substitute “Rule 8.2.1A or paragraph 8.2.1B(a)”.

6  Rule 16.8.3

Omit “paragraph 8.2.1(A)”, substitute “either Rule 8.2.1A or paragraph 8.2.1B(a)”.